The Current Book Value of a Fixed Asset That Was

question 57

Multiple Choice

The current book value of a fixed asset that was purchased two years ago is used in the computation of which one of the following?

• A)depreciation tax shield
• B)tax due on the salvage value of that asset
• C)current year's operating cash flow
• D)change in net working capital
• E)MACRS depreciation for the current year

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Definitions:

Genetically

Pertaining to genes or heredity, often referring to the origin of traits and characteristics.

Temporal Cortex

The temporal cortex is part of the cerebral cortex that is involved in processing auditory information and is critical in the understanding of language, the formation of long-term memory, and emotion.

Neurons Activation

The process by which neurons become active, typically involving the influx of ions to generate an electrical impulse.